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3119 North Oakley Avenue

3119 North Oakley Avenue, Chicago, IL 60618
Multifamily in Roscoe Village
3119 North Oakley Avenue in Chicago, IL was first built in 1890 and is 134 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3119 North Oakley Avenue has 3,087 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,125 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3119 North Oakley Avenue was last sold in Aug 23, 2021 for $487,000. According to our calculations, that's $157.76 per sqft. Current property owners are expected to pay $7,668 in taxes per year. The property on 3119 North Oakley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $60,313. To break that down further, the land itself was valued at $31,250. While improvements to the property were assessed at a total of $29,063. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210215
02/15/2021
6 Bed
4 Bath
-
$495,000
bedrooms
6 Bed
bathrooms
4 Bath
$487,000 -1.62%
08/27/2021
Claudia Langman
Jameson Sotheby's Intl Realty

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 3,087
  • Gross Building Area: 3,087
  • Building Area: 3,087
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,087
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLYBOURN AVE ADD TO LAKE VIEW & CHICAGO
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: (CLYBOURN) AVE ADD TO (LAKE) VIEW & (CHICAGO) IN NW SEC 30-40-14

Ownership

  • Current Owner : MURRAY MCGARRY P
  • Previous Owner : FLORES SALVADOR
  • Previous Owner 2: FLORES GEORGINA
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 843700

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 73
  • Parcel: 14-30-104-004-0000
  • Block: 2
  • Lot: 27
  • Meridian: SEC 30 TWN 40N RNG 14E
  • Municipality: LAKE VIEW
  • Latitude: 41.9383
  • Longitude: -87.6851

    Address

  • Full Address: 3119 N Oakley Ave
  • Address - House Number: 3119
  • Street Direction: N
  • Address - Street Name: Oakley
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C070
  • 4-Digit Zip Code: 6407
  • Zip Code: 60618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,668
  • Tax Rate Code Area: 73001

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 443,531
  • High Value: 556,861
  • Low Value: 330,200

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $710,753
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $582,753
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: LAFAYETTE FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Dec 21, 2023
  • Second Open Lien Mortgage Loan Amount: $128,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 31, 2053

    Market Valuation

  • Market Total Value: $603,130
  • Market Land Value: $312,500
  • Market Improvement Value: $290,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,313
  • Assessed Land Value: $31,250
  • Assessed Improvements Value: $29,063

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11853834960
  • Current Sale Price: $487,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2123946460

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $582,753
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Variable

About North Side



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Frequently Asked Questions

What neighborhood is 3119 North Oakley Avenue located in?
The 3119 North Oakley Avenue is a multifamily located in the neighborhood of Roscoe Village in North Side, Chicago.
What is the average sales price for listings in 3119 North Oakley Avenue?
The average sales price for units in 3119 North Oakley Avenue is $495,000 currently.

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